---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-21-000105"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2021-09-08T23:59:59+00:00"
generated_at: "2026-06-29T05:12:12.516285+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Civeo enters $200M revolver and C$100M term loan, maturing Sept 2025

## Summary
- $200M 4-year revolver ($155M US, $10M US sub, $35M AU) plus C$100M Canadian term loan.
- At closing, C$100M term loan fully drawn; $135.4M outstanding under revolver.
- Interest: LIBOR/B/A/BBSY + 3.00%-4.00% or base + 2.00%-3.00%; leverage and coverage covenants.
- Replaces prior credit agreement dated April 2, 2018.
- Matures Sept 8, 2025; quarterly C$10M amortization on term loan.

## SEC filing metadata
- accession: 0001590584-21-000105
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2021-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590584/000159058421000105/0001590584-21-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058421000105/cveo-20210908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-21-000105
- JSON: https://secwatch.observer/filing/0001590584-21-000105.json
- Plain text: https://secwatch.observer/filing/0001590584-21-000105.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
